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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,457 | $57,590-48.9% | $86,233-65.8% | $82,448-64.3% |
| Participation rate | 8.7% | 57.9%-49.2pp | 69.0%-60.3pp | 68.1%-59.4pp |
| Annual return | 25.52% | 22.41%+3.1pp | 61.39%-35.9pp | 41.64%-16.1pp |
| Employer contribution / active EE | $487 | $1,655-70.6% | $2,504-80.5% | $2,551-80.9% |
| Participant deferral / active EE | $693 | $3,080-77.5% | $4,559-84.8% | $4,139-83.3% |
| Admin fee / account holder | $183 | $4,730-96.1% | $8,342-97.8% | $7,234-97.5% |